Press release
Cerved Credit Management Group acquires 80% of Recus SpA
Milan, 6 October 2014 – Cerved Information Solutions S.p.A. (MTA: CERV), the parent holding company of the Cerved Group, the largest information provider in Italy, has today completed the acquisition of an 80% stake in Recus S.p.A., via its subsidiary Cerved Credit Management Group S.r.l. (CCMG).
The acquisition will allow Cerved to reinforce its competitive position in the credit management sector in Italy, thanks to the extension of its product offering to clients operating in the financial, telecoms and utilities sectors.